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| DanneSandin said: I don't think I ever said that we could judge the PS4 from how the PS3 has performed. If so, please show me the sentence; I might have worded it wrong. And I do agree that PS4 will be a great deal cheaper; never argued that either. I've said it'll probably cost $400, and that Sony will take a $50 hit at most per sold console. $50 isn't "taking a small loss" if you sell 10m PS4 and losing $50 on each sale; that's half a billion in losses. half-a-billion. Sure, they'd make up some of it with SW, but that's still pretty much money, especially for a company that don't have any money, and has lousy credit rating. And saying the Wii U can't win next gen is like saying that PS3 wasn't going to be able to turn around and will end up dead last out of the 3 back in 2006/2007... |
Wrong. Sony has over 14 billion on cash reserves, twice the ammount of money Nintendo currently has. And that's down from 21 billion after the 2011-2012 losses and everyone hopes they start to profit again coming the next quarters.
It's really hard to bring a compnay down. Microsoft has $54 billion in cash reserves and there are still articles of doom. One thing to remember, specially looking at how Apple shares still manage to fall after record profits: investors are cowards. And I don't say it in a derrogatory way. Money needs to flow to where it has the most chance of prospering and that isn't among japanese companies, not with that yen. That's how ruthless capitalism works.
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